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The Federal Reserve has reduced its benchmark interest rate by 50 basis points, sparking a rally in the cryptocurrency market. Bitcoin surged past $62,000, along with gains in other major digital assets like Solana, BNB, and XRP. While market sentiment rem...

Fed’s Cut Propels Bitcoin Surge As Crypto Markets Rally

Business
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September 19, 2024

India leads the 2024 Global Crypto Adoption Index despite its ban on offshore exchanges. Users still access banned platforms, and the country remains a major player in crypto adoption. India ranked second in the CSAO region for crypto value received, while...

India Tops 2024 Global Crypto Adoption Index

Blockchain
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September 12, 2024

New Zealand has introduced the OECD crypto reporting framework as part of a new tax bill, aiming to enhance transparency and compliance in the cryptocurrency sector. Exchanges and intermediaries must report data to tax authorities, aligning with global eff...

New Zealand Adopts OECD Crypto Reporting Rules in New Tax Bill

Blockchain
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September 12, 2024

Kamala Harris unveiled her presidential campaign policies but notably excluded any mention of cryptocurrencies, aligning with the Democratic Party’s stance.

Kamala Harris’ Policy Omit Crypto and Bitcoin

AI
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September 10, 2024

Elon Musk could become the world's first trillionaire by 2027, driven by his Tesla stake, according to an Informa Connect Academy report.

Elon Musk Could Be World’s First Trillionaire by 2027

Business
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September 10, 2024

Brazil’s central bank picks Visa, Santander, and others for Drex CBDC pilot phase, focusing on smart contracts to enhance financial services.

Brazil’s CBDC Pilot Expands With Visa, Santander In the Fray

Crypto
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September 9, 2024

China will lift all foreign investment restrictions in manufacturing from November 1, 2024, boosting openness and global economic integration.

China Eases Foreign Investment Restrictions in Manufacturing

Economy
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September 9, 2024

Google faces a major trial over alleged ad tech monopoly, with the DOJ challenging its market dominance. The case follows recent antitrust issues.

Google’s $200Bn Ad Tech Trial Begins

Business
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September 9, 2024

Bitcoin hovers at $60K as fears of a looming U.S. dollar crisis grow. Economist warns of inflation risks and potential market volatility.

Dollar Crisis Looms, Bitcoin Faces Turbulence: Forbes

Business
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September 3, 2024

Donald Trump and family boost crypto efforts with DeFi, NFTs, and new projects. Includes Trump-branded NFTs and DeFi platform The DeFiant Ones.

Trump Family Expands Crypto Efforts with DeFi & NFTs

Business
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September 2, 2024

IBM has laid off over 1,000 employees in China due to market dynamics and the ongoing tech war. The layoffs have shocked the Chinese tech community, as IBM was a prestigious employer. Affected employees are disappointed and uncertain about the future.

IBM Layoffs Shake Chinese Tech Community

Business
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August 28, 2024

Trump launches The DeFiant Ones, a cryptocurrency platform aimed at unbanked communities, following reports of his substantial crypto holdings.

Trump Teases DeFiant Ones, New Cryptocurrency Platform

Crypto
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August 23, 2024

Goldman Sachs invests $418M in spot Bitcoin ETFs, including BlackRock’s iShares. Morgan Stanley reduces Bitcoin ETF holdings to $189M.

Goldman Sachs Discloses $418 Million in Bitcoin ETF Holdings

Crypto
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August 16, 2024

Switzerland plans to include crypto tax data in global info exchange protocols by 2026, enhancing its crypto regulatory framework.

Switzerland Considers Crypto Tax Data Exchange with 111 Countries

Blockchain
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August 16, 2024

El Salvador has secured a $1.6 billion investment from Turkish company Yilport Holdings to develop the Acajutla and La Unión ports. This marks the largest private investment in the country's history and is expected to revive the stalled Bitcoin City proje...

El Salvador Bitcoin City Secures $1.6B YilPort Investment

Blockchain
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August 14, 2024

IMF progresses in talks with El Salvador on economic aid amid Bitcoin risks, focusing on fiscal stability and reducing U.S. dollar reliance.

IMF Addresses El Salvador Economic Aid Amid Bitcoin Risks

Crypto
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August 13, 2024

Sen. Cynthia Lummis introduces the BITCOIN Act to establish a U.S. Bitcoin reserve, aiming to enhance the dollar's global position amid political debate.

Sen. Cynthia Lummis Introduces BITCOIN Act for US Reserve

Blockchain
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August 1, 2024

Visa has successfully blocked $40 billion in fraudulent transactions using artificial intelligence. The payment giant's advanced fraud detection system analyzes hundreds of data points per transaction, identifying and preventing fraudulent activity.

Visa Leverages AI to Thwart $40 Billion in Fraud

Business
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July 30, 2024

ZA Bank offers reserve banking for stablecoin issuers, a first for Hong Kong. Partners with RD InnoTech to enhance digital asset services.

ZA Bank Initiates the Reserve Banking Service in Hong Kong

Economy
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July 27, 2024

India's strict crypto tax policies persist, impacting the industry despite resilience and growth. Regulatory clarity remains uncertain for crypto exchanges.

India Cracks Down with Tougher Cryptocurrency Tax Policies

Business
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July 27, 2024

Hong Kong launches Asia's first inverse Bitcoin futures ETF, allowing investors to profit from Bitcoin price declines. Listed on HKEX by CSOP.

Hong Kong to Now Launch Inverse Bitcoin Futures ETF

Crypto
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July 27, 2024

3M exceeded Q2 earnings expectations despite a 21.7% revenue decline. Organic revenue remained flat, and the company raised its full-year EPS guidance. While the quarter was positive, analysts remain cautious about 3M's long-term outlook due to declining r...

3M Stock Soars Despite Dips But Results Better Than Expected in Q2

Economy
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July 26, 2024

HSBC Australia stops all cryptocurrency transactions, citing security concerns. Customers must seek alternative methods for crypto dealings.

HSBC Australia Halts All Crypto Transactions Immediately

Blockchain
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July 25, 2024

Ripple and SEC near resolution with meeting scheduled for July 25. Ripple CEO hints at settlement, as SEC lowers fine demand to $102.6 million.

Reports Say Ripple And SEC Will Meet on July 25

Blockchain
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July 23, 2024

SEC approves first spot Ethereum ETFs, including Grayscale, BlackRock, and Fidelity. Trading starts July 23, marking a milestone in crypto finance.

SEC Approves Spot Ether ETFs And Trading To Start

Blockchain
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July 23, 2024

Post-IT outage, cybersecurity experts warn of phishing scams. Stay vigilant: avoid unsolicited messages, verify senders, and don't share personal info.

Cyber Watchdogs Warn of Phishing Scams After IT Outage

Economy
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July 22, 2024

Kamala Harris replaces Joe Biden in 2024 US presidential race, endorsed by senior Democrats; raises $27.5M in first five hours of campaign.

Joe Biden Drops Out of US Presidential Race 2024

Business
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July 22, 2024

A major IT outage has impacted airlines, banks, media, and more worldwide. The disruption, following Microsoft’s report of issues with 365, is linked to CrowdStrike’s Windows software. U.S. airlines were grounded, and airports faced delays. Media outle...

Global IT Outage Causes Chaos, Disrupts Airlines, Banks, and Media

Business
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July 19, 2024

Hong Kong's new stablecoin licensing system regulates issuers, ensures reserves, and enforces AML rules to protect investors and lead in digital assets.

Hong Kong Unveils New Stablecoin Licensing Regime

Blockchain
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July 18, 2024

The UK economy grew by 0.4% in May 2024, surpassing predictions. Services, construction, and production sectors all contributed to this growth.

UK Economy Beats Expectations with Surprise Growth in May

Economy
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July 17, 2024

HSBC names Georges Elhedery as new CEO, effective September 2, 2024, succeeding Noel Quinn to focus on growth and stability.

HSBC Announces CFO Elhedery as New CEO From September

Business
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July 17, 2024

Goldman Sachs reported a stellar Q2 with profits soaring 150% year-over-year. Investment banking fees jumped 21%, driving the strong performance. Revenue also climbed 17% to $12.73 billion.

Goldman Sachs Profits Soar 150% in Investment Banking Revival

Business
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July 16, 2024

The ASI token merger unites SingularityNET, Fetch.ai, and Ocean Protocol tokens, raising concerns and excitement about future AI collaboration and token utility.

Concerns Emerge as ASI Alliance Merges Tokens in Phase 1

Blockchain
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July 15, 2024

CFTC Chairman Behnam classifies Bitcoin and Ethereum as commodities, but legal experts caution about inconsistent rulings.

CFTC Chair Affirms Bitcoin, Ethereum Status as Commodities

Business
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July 11, 2024

China's consumer price inflation rose 0.2% in June, missing expectations. Weak domestic demand contributed to the subdued figures, with analysts noting the risk of deflation and the need for export-driven growth.

China’s Consumer Inflation Misses Expectations in June

Business
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July 10, 2024

The World Bank cautiously predicts a slow rise in global economic growth, reaching 3% by 2026. This is due to easing monetary policy, but risks like trade wars and climate disasters loom. Growth will vary by region, with China's slowdown impacting East Asi...

World Bank Cautiously Optimistic on Global Growth 2024 Despite Risks

Economy
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July 10, 2024

Fed keeps interest rates unchanged, signals cautious approach with one cut projected for 2024.

Fed Maintains Rates, Signals Slower 2024 Cut Pace

Economy
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June 20, 2024

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